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The forex USD/INR live rate is a crucial indicator for traders and investors looking to exchange US dollars for Indian rupees.
The USD/INR exchange rate is influenced by various factors, including economic indicators, global events, and government policies.
To get the most up-to-date and accurate information, it's essential to check the live rate regularly.
The forex USD/INR live rate can fluctuate rapidly, making it challenging to predict the market's movement.
What Is the Forex Rate?
The Forex rate is the price of one currency in terms of another currency. It's constantly changing due to market forces.
The Forex rate is determined by supply and demand in the foreign exchange market. This means that the rate can fluctuate rapidly depending on various factors.
One of the key factors influencing the Forex rate is the exchange rate between the US dollar (USD) and the Indian rupee (INR). This is why it's essential to track the Forex USD INR live rate.
The Forex rate can be affected by economic indicators such as inflation rates, interest rates, and GDP growth. These indicators can impact the value of a currency.
The Forex rate is also influenced by global events and market sentiment. For example, a change in government policies or a natural disaster can cause the rate to fluctuate.
The Forex rate is typically quoted in pairs, such as USD/INR or EUR/USD. This means that one unit of the first currency is equal to the quoted amount of the second currency.
Understanding the Rate
The exchange rate between the US Dollar (USD) and the Indian Rupee (INR) is determined by demand and supply, imports, exports, fiscal policy, and interest rates.
The current exchange rate is 85.77, which is a 0.02% increase from the previous market day and a 3.04% increase from one year ago.
The exchange rate is influenced by various factors, including imports and exports, which can cause fluctuations in the value of the Rupee.
Here's a breakdown of the current exchange rate:
The exchange rate has shown a steady increase over the past few months, with a 30-day high of 86.5764 and a 30-day low of 84.8010.
Conversion and Updates
You can check the latest foreign exchange average bid/ask rates and convert all major world currencies using OANDA's Currency Converter.
OANDA's Currency Converter allows you to convert world currencies, precious metals, or obsolete currencies, and access currency exchange rates dating back to January 1990.
To use OANDA's free currency converter, type into the relevant field currency names, 3-letter ISO currency symbols, or country names to select your currency.
The converter will show you the current USD to INR rate and how it's changed over the past day, week or month.
The current conversion rate of the US Dollar to INR is available online, with today's rate being 1 USD = 81.85 INR.
You can also access daily updates on the performance of USD to INR, such as the 30 day high, 30 day low, and average.
Here's a snapshot of the 30 day performance of USD to INR:
Top Currencies and Pairings
As you explore the world of foreign exchange, it's essential to know the top currencies and pairings. The South Korean Won (KRW) is a notable currency, with 1 KRW equivalent to 1,015.48 CAD.
Banks and traditional providers often have extra costs, which they pass to you by marking up the exchange rate. But don't worry, our smart tech means we're more efficient, giving you a great rate every time.
Here are the top currencies, ranked by their exchange rate to the US dollar:
The top currency pairings for the US dollar are USD to KRW, USD to INR, USD to JPY, USD to CAD, USD to EUR, USD to GBP, USD to CNY, and USD to MXN.
Tools and Resources
You can track live exchange rates with our free and ad-free currency converter app, which allows you to compare the best money transfer providers.
Our app offers a range of features, including the ability to convert US Dollars to Indian Rupees and vice versa. For example, 1 USD is equivalent to 86.57190 INR, while 1 INR is equivalent to 0.01155 USD.
You can also access a list of supported countries, including الإمارات العربية المتحدة, Australia, and India.
Oanda's Converter
Oanda's Converter is a powerful tool that allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies.
You can use Oanda's Currency Converter to convert world currencies, precious metals, or even obsolete currencies. This is a great feature for anyone who needs to make international transactions or simply wants to stay on top of global currency fluctuations.
Oanda's Rates are foreign exchange rates compiled from leading market data contributors, so you can trust the accuracy of the information.
To use Oanda's free currency converter, simply type in the relevant field currency names, 3-letter ISO currency symbols, or country names to select your currency. You can also convert currency exchange rates dating back to January 1990.
Here's a simple example of how to convert US dollars to Indian rupees using Oanda's Converter:
- Type in the box how much you want to convert.
- Select USD in the first dropdown as the currency that you want to convert and INR in the second dropdown as the currency you want to convert to.
- Our currency converter will show you the current USD to INR rate and how it's changed over the past day, week or month.
Today's current currency conversion rate of Dollar to INR is 1 USD = 81.85 INR.
Download Our App
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Our app is a game-changer for anyone who needs to convert currencies on the go. It's free and ad-free, so you can trust that you're getting accurate information without any distractions.
The app allows you to track live exchange rates, which is super helpful if you're traveling or doing business in a foreign country. For example, if you're converting US dollars to Indian rupees, you can see that 1 USD is equal to 86.57190 INR.
One of the best features of our app is that it compares the best money transfer providers, so you can find the best deal for your needs. This can save you a lot of money in the long run, especially if you're making large transactions.
Here are some of the key features of our app:
Overall, our app is a must-have for anyone who needs to convert currencies or compare money transfer providers. It's convenient, accurate, and free!
Sources
- https://www.oanda.com/currency-converter/en/
- https://ycharts.com/indicators/us_dollar_to_indian_rupee_exchange_rate
- https://wise.com/us/currency-converter/usd-to-inr-rate
- https://www.thomascook.in/foreign-exchange/currency-converter/inr-to-usd
- https://www.ceicdata.com/en/india/foreign-exchange-rate-reserve-bank-of-india/foreign-exchange-rate-rbi-reference-rate-us-dollars
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